Financial Ratios and How They Drive the Bottom Line

For most small business owners their financial reporting analysis doesn’t stretch far beyond looking at the balance of their bank account. However, good cash flow management stems from a healthy Balance Sheet and a Profit & Loss statement in the black. In fact, and at risk of sounding like a real bean counter, a Cash Flow Statement is actually produced by blending all of the debits and credits in a Balance Sheet and Profit & Loss Statement. So, it’s not rocket science then to decipher that to ensure cash flow remains king you need to understand and drive the factors that contribute to healthy financial statements.

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Tax Planning Strategies – Complete Guide

With the end of the 2017 financial year rapidly approaching, now is the time to get your tax planning in order. With that in mind, we’ve put together a list of our top tips to legally, legitimately reduce your income tax liability for the 2017 financial year.

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